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Marsh & McLennan Companies
United Kingdom
(on-site)
Posted
1 day ago
Marsh & McLennan Companies
United Kingdom
(on-site)
PRACTICE AREAS
Other
Junior Broker / Technical Assistant - Space Insurance Broking Team
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Junior Broker / Technical Assistant - Space Insurance Broking Team
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Marsh Aviation & Aerospace is seeking a Junior Space Broker / Technical Assistant to join our Space Insurance Broking team in London. This role offers a distinctive opportunity to apply analytical, technical and commercial skills in a highly specialized, client-facing environment at the centre of the global space insurance market. This is a hybrid role that has a requirement of working at least three days a week in the office.Space insurance is a specialist field covering high-value satellites, launch vehicles, and related liabilities. Success in this role requires understanding of technical issues, strong communication skills, data and analytics skills and to transfer this into the tools to support our discussions with clients, insurers, and colleagues.
This role is ideal for a technically strong graduate or early-career insurance professional who is interested in the commercial side of the space sector. Prior aerospace industry experience would be valuable, and previous insurance market exposure could be helpful, but neither is essential if you bring the right technical aptitude, curiosity, and communication skills.
We will rely on you to:
- Review technical / contractual documents relating to insured satellites and launch vehicles and provide comments where appropriate.
- Assist with the preparation of technical and client-facing presentations to insurers and help manage the flow of information between clients and insurers.
- Support discussions with colleagues on coverage design for launch and in-orbit placements so solutions reflect both technical and client requirements.
- To support the space insurance placement function. Assist with providing offers for placement to Insurers, collating responses and getting involved in all aspects of the activity from preparation, through to negotiation and finalisation of the insurance placement.
- Assist in our business development activities with a focus on technical assessment, statistical analysis, and clear presentation of findings.
- Compose reports, spreadsheets, and supporting analytics to update clients, prospects, and colleagues on market developments and team activity.
- Contribute to space industry and space insurance database and provide innovative data and analytics solutions to the team.
What you need to have:
- The ability to understand complex issues and explain the key points clearly to non-technical stakeholders.
- Strong written and verbal communication skills, including report writing and presentations.
- Comfort working in a commercial, collaborative, and client-focused environment.
What makes you stand out:
- Previous experience in the aerospace industry in a technical or engineering role.
- A degree in aerospace, aeronautical, mechanical engineering, or another science or technology discipline providing comparable technical grounding.
- Experience in a commercial or customer-facing environment, ideally with an international dimension.
- Previous insurance market experience.
- Foreign language capability would be an advantage.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
#Hybrid
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Job ID: 86654873
Please refer to the company's website or job descriptions to learn more about them.
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Showing data for the city of London, London, City Of, United Kingdom.
Median Salary
Net Salary per month
$4,776
Cost of Living Index
88/100
88
Median Apartment Rent in City Center
(1-3 Bedroom)
$2,849
-
$5,316
$4,083
Safety Index
45/100
45
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$206
-
$663
$372
High-Speed Internet
$33
-
$53
$41
Transportation
Gasoline
(1 gallon)
$7.76
Taxi Ride
(1 mile)
$5.29
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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